Table of Contents
Toggle
SEC Approves Bitcoin ETF?
SEC Needs to Be Held Accountable
Was the Tweet Real, Just at the Wrong Time?
Just on the eve, the official account of the U.S. Securities and Exchange Commission (SEC) suddenly announced this morning the approval of a Bitcoin spot ETF. Claiming that the Bitcoin ETF will soon be listed on nationally registered stock exchanges.
However, SEC Chairman Gary Gensler shortly after suddenly posted that the SEC official X account had been hacked, and the Bitcoin spot ETF had not actually been approved.
As a result, the price of Bitcoin experienced a sharp price fluctuation.
This event has caused a great stir in the community, and it has been discovered that the SEC’s X account did not even use 2FA to protect the account security, leading to widespread criticism and condemnation of the SEC and the SEC Chairman on social media platforms. Senator Bill Hagerty even posted on X stating that the SEC needs to take responsibility for committing such a “market-impacting error.”
It is worth noting that, although the SEC Chairman claimed that the account released false content due to a hacker intrusion, more and more people are pointing out that the content of the “fake tweet” (including the images in the tweet) is consistent with the SEC’s style, so it cannot be ruled out that it was either “a draft post prepared by the SEC that was forcibly released by hackers” or “the SEC set the tweet date incorrectly.”
Bloomberg analyst Eric Balchunas even initiated a voting activity on X, showing that many people, like him, believe that the origin of this tweet is likely from within the SEC.
SECs Morning Announcement of Approving Bitcoin ETF Turns Out to be False Chairman Clarifies Its Fake Official Account Hacked
Add A Comment